Now, according to Forbes, FanDuel has begun the layoff process. It’s currently unknown how many staff members are being let go, and the company has denied layoffs publicly so far.

The news comes on the heels of Texas Attorney General Ken Paxton’s statement that daily fantasy sports would be considered illegal gambling in his state, the latest in a string of states putting the kibosh on daily fantasy sports.

Still, the door isn’t closed just yet on FanDuel and DraftKings. The Fantasy Sports Trade Association continues to fight for states to adopt regulations that would protect consumers and but also establish their products as games of chance, not skill. One such bill is in the works in Wisconsin by State Rep. Tyler Vorpagel.

About Sean Keeley

Sean Keeley is the creator of Syracuse blog Troy Nunes Is An Absolute Magician. He has also written about non-Syracuse things for SB Nation, Curbed Seattle and many other outlets. A graduate of Syracuse University, he penned the book 'How To Grow An Orange: The Right Way to Brainwash Your Child Into Rooting for Syracuse.'